MassChallenge, a global network of zero-equity startup accelerators, and the National Information Technology Development Agency (NITDA) last week announced a partnership to catalyze and support a national startup community in Nigeria. MassChallenge and NITDA have closely aligned goals to stimulate economic vitality and job creation in Nigeria by catalyzing entrepreneurial activity and supporting entrepreneurs to develop and execute game-changing ideas, digital technologies, and discoveries. “MassChallenge is proud to partner with NITDA to foster cross-sector innovation and cooperation across all industries in Nigeria,” said Siobhan Dullea, CEO of MassChallenge. “Bridge to MassChallenge Nigeria will help grow the highest-impact, highest-potential startups across Nigeria while connecting…
Author: DigitalTimesNG
Trustbank is the first bank in Uzbekistan to launch Islamic Banking services
Airtel Nigeria has announced the appointment of Mr. C. Surendran as the new Managing Director/Chief Executive Officer with effect from August 1, 2021. Surendran would be replacing the outgoing Managing Director and Chief Executive of Airtel Nigeria, Olusegun Ogunsanya, recently appointed to the position of Chief Executive Officer of Airtel Africa Plc with effect from October 1, 2021. The News Agency of Nigeria reports that this announcement is contained in a statement issued by Airtel Nigeria on Wednesday, May 5, 2021, in Lagos. The statement noted that Surendran would also be appointed to the Executive Committee (ExCo) as Regional Operating…
Africa’s cutting-edge technology and lifestyle hub, the Tech Experience Centre, is set to come alive this weekend as eight leading Nigerian banks do battle to crown the winners of a FIFA 21 Gaming competition. Tagged ‘Bank Wars’, the keenly-anticipated competition is set to commence on Saturday, May 8, 2021, at the centre located at Yudala Heights, 13A Idowu Martins Street, Victoria Island, Lagos. The event is sponsored by the foremost Original Equipment Manufacturer, Samsung. Among the banks set to do battle at the Tech Experience Centre are Access Bank, First City Monument Bank (FCMB), Standard Chartered Bank and Zenith Bank.…
Ayoba, the African messaging app, has announced the launch of a new version of its Android app (0.38) which offers users access to voice and video calling. This comes as the app celebrates its second birthday on the 4th of May 2021 with a user base of 5.5 million monthly users and an award for Best Mobile application late last year. The updated app is already live and in use and is quickly proving popular, with thousands of calls going out across the world every day. “Users have been asking us to support VoIP (Voice over Internet Protocol) calls pretty…
Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, Tuesday announced the appointment of four Deputy Directors-General. The former Nigerian Finance minister disclosed this in a statement titled: DG Okonjo-Iweala announces her four Deputy Directors-General obtained by newsmen. The names of the appointed Deputies include Angela Ellard of the United States, Anabel González of Costa Rica, Ambassador Jean-Marie Paugam of France and Ambassador Xiangchen Zhang of China. According to her: “I am very pleased to announce the appointment of four new Deputy Directors-General at the WTO. It is the first time in the history of our Organisation that half of…
Investigations by BudgIT, a public finance transparency advocacy firm have shown that the 2021 national budget contains over 316 duplicated capital projects worth N39.5 billion. According to a report in the Vanguard, the report analysis showed that the duplication of projects is just one among other loopholes for corruption in the budget, adding that there were no audit records of N10.02 trillion received by the security sector between 2015 and 2021. “Our investigations into the 2021 budget revealed at least 316 duplicated capital projects worth N39.5 billion, with 115 of those duplicate projects occurring in the Ministry of Health. This…
The Lagos State Government has said that it has laid over 3,000 kilometres of Fibre Metro Network connection within the year 2020 across the state as part of the comprehensive Smart City Programme aimed at providing a 24-hour driven economy. Mr. Hakeem Fahm, Lagos State Commissioner for Science and Technology, in the company of Special Adviser to the Governor on Innovation and Technology, Tunbosun Alake, announced this on Tuesday, during the 2021 ministerial press briefing to commemorate the second year in office of Governor Babajide Sanwo-Olu-led administration, held at Alausa, Ikeja, Lagos. Fahm noted that governments at all levels had…
The sale will see online media brands under the former Yahoo and AOL umbrellas like TechCrunch, Yahoo Finance and Engadget go to Apollo.
Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria, has announced its partnership with gaming operators, Betway, BetPawa and Betmojo through its flagship mobile money transfer service, MoMo Agent. The strategic partnership will enable customers to cash their winnings and fund wallets conveniently at any MoMo Agent outlet nationwide. “Partnerships are the fuel for progress within our communities. So, we are constantly exploring innovative relationships to help deliver cost-effective, fast, transparent, and reliable remittance services,” said Usoro Usoro, Chief Executive Officer, YDFS, about the announcement. “Our customers deserve simple solutions making it easier for them to access financial services,…